A.M. Best again confirms "A" rating for Delvag

On August 14, 2019, A.M. Best Europe again confirmed both the Financial Strength Ratings "A" (excellent, stable outlook) and the Long-Term Issuer Credit Ratings "a" for Delvag Versicherungs-AG (Delvag).

According to A.M. Best this confirmation reflects Delvag’s very strong balance sheet, equally strong operating performance and appropriate risk management. Apart from a risk-adjusted capitalization maintained at the strongest level, the rating also takes into consideration Delvag’s role as the insurance captive of Deutsche Lufthansa AG, its ultimate parent.